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KOFIC will choose approximately 60 titles that will each be provided with up to USD 70,000.
South Korea also has a number of International Film Festival, such as the Pusan International Film Festival, the Jeonju International Film Festival and the largest one, the Busan Film Festival.
One of the problems for animation studios is funding.
The South Korean government targets this problem by investing a total of 380 billion won on the country's domestic animation and character industries.
When all that is done, you'll probably smile and say, ‘I lived a very fun life.'” - Minzy of 2NE1”A recent online post has been published criticizing rapper San E and his manager for their ill-mannered behavior.
Unlike other countries, in South Korea, directors, writers, composers, and other production staff are deemed as important as the actors and they earn a considerable amount of money.“Rather than taking an easy route, taking a difficult route is more satisfying and interesting.
The rapper wrote, "This is the first time something like this happened and I'm not very good with my words....
The things I write below are the truth that I remember and I will only speak the truth.
Therefore, domestic films are usually overlooked in favor of those from Hollywood.
As movie theaters are interested in revenue, they tend to prioritize these foreign films over local ones. In order to protect domestic films, the government imposes a screen quote on theaters in the country, making them screen domestic films for at least 146 days a year.